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A warranty that is created when a seller or lessor makes an affirmation that the goods he or she is selling or leasing meet certain standards of quality, description, performance, or condition is known as a(n) ________ warranty.

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Answer:

Express Warranty

Step-by-step explanation:

Express Warranty -

It is a type of agreement by the seller in order to provide the replacement or repair the product , any service or component ,which is faulty , with in a given period of time frame , is known as express warranty .

The consumer gets the guarantee about the goods or service and feel secure about the purchase .

Hence , from the question , the term according to the given statement of the question is express warranty .

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